Financial giants have made a conspicuous bearish move on Williams Companies. Our analysis of options history for Williams Companies WMB revealed 61 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $128,760, and 59 were calls, valued at $3,309,088.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $33.0 to $41.0 for Williams Companies during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Williams Companies's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Williams Companies's whale activity within a strike price range from $33.0 to $41.0 in the last 30 days.
Williams Companies 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WMB | CALL | SWEEP | BULLISH | 11/15/24 | $5.6 | $5.4 | $5.6 | $33.00 | $156.2K | 0 | 3.8K |
| WMB | CALL | SWEEP | BULLISH | 11/15/24 | $5.7 | $5.6 | $5.7 | $33.00 | $149.3K | 0 | 4.4K |
| WMB | CALL | SWEEP | BULLISH | 11/15/24 | $5.5 | $4.6 | $5.5 | $33.00 | $133.1K | 0 | 552 |
| WMB | CALL | SWEEP | BULLISH | 11/15/24 | $5.6 | $5.4 | $5.6 | $33.00 | $113.1K | 0 | 3.0K |
| WMB | PUT | SWEEP | BEARISH | 06/21/24 | $1.2 | $0.9 | $1.15 | $37.00 | $101.3K | 1.0K | 5 |
About Williams Companies
Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
In light of the recent options history for Williams Companies, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Williams Companies Standing Right Now?
- Currently trading with a volume of 6,158,223, the WMB's price is down by -0.52%, now at $37.65.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 15 days.
Professional Analyst Ratings for Williams Companies
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $41.666666666666664.
- Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Williams Companies with a target price of $40.
- Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Williams Companies, targeting a price of $38.
- Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Williams Companies with a target price of $47.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Williams Companies with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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